Schroders hires Dexia for Singapore TA

Jul 13, 2004

Dexia picks up the registrar business and sees more ahead as global funds are increasingly brought onshore.

Schroder Investment Management has outsourced its registration business (also known as transfer agency, or TA) in Singapore to Dexia Fund Services for 42 local unit trusts with 40,000 investor accounts and 27 offshore funds. A local registrar, Barbinder, lost the business.

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